Loading...

Permian Basin Royalty Trust

NYSE:PBT
Snowflake Description

Flawless balance sheet second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PBT
NYSE
$362M
Market Cap
  1. Home
  2. US
  3. Energy
Company description

Permian Basin Royalty Trust, an express trust, holds overriding royalty interests in various oil and gas properties in the United States. The last earnings update was 73 days ago. More info.


Add to Portfolio Compare Print Invest
  • Permian Basin Royalty Trust is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
PBT Share Price and Events
Price Volatility
PBT
Industry
5yr Volatility vs Market

Value

 Is Permian Basin Royalty Trust undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Permian Basin Royalty Trust to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Permian Basin Royalty Trust.

NYSE:PBT Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2018-06-30) in USD $ .659390
Payout Ratio Company Filings (2018-06-30) 0%
Discount Rate (Cost of Equity) See below 10.6%
Perpetual Growth Rate 10-Year US Government Bond Rate 3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:PBT
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 3%
Equity Risk Premium S&P Global 7.1%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.9
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.903 (1 + (1- 21%) (0%))
1.09
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.09
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.95% + (1.09 * 7.05%)
10.64%

Discounted Cash Flow Calculation for NYSE:PBT using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Permian Basin Royalty Trust is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

NYSE:PBT Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= $0.66 / (10.64% - 2.95%)
$8.58
NYSE:PBT Discount to Share Price
Calculation Result
Value per share (USD) From above. $8.58
Current discount Discount to share price of $7.76
= -1 x ($7.76 - $8.58) / $8.58
9.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Permian Basin Royalty Trust is available for.
Intrinsic value
10%
Share price is $7.76 vs Future cash flow value of $8.58
Current Discount Checks
For Permian Basin Royalty Trust to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Permian Basin Royalty Trust's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Permian Basin Royalty Trust's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Permian Basin Royalty Trust's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Permian Basin Royalty Trust's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:PBT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in USD $0.63
NYSE:PBT Share Price ** NYSE (2018-10-19) in USD $7.76
United States of America Oil and Gas Industry PE Ratio Median Figure of 77 Publicly-Listed Oil and Gas Companies 14.72x
United States of America Market PE Ratio Median Figure of 2,939 Publicly-Listed Companies 18.97x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Permian Basin Royalty Trust.

NYSE:PBT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:PBT Share Price ÷ EPS (both in USD)

= 7.76 ÷ 0.63

12.25x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Permian Basin Royalty Trust is good value based on earnings compared to the US Oil and Gas industry average.
  • Permian Basin Royalty Trust is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Permian Basin Royalty Trust's expected growth come at a high price?
Raw Data
NYSE:PBT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.25x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Oil and Gas Industry PEG Ratio Median Figure of 58 Publicly-Listed Oil and Gas Companies 0.66x
United States of America Market PEG Ratio Median Figure of 2,059 Publicly-Listed Companies 1.27x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Permian Basin Royalty Trust, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Permian Basin Royalty Trust's assets?
Raw Data
NYSE:PBT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in USD $0.01
NYSE:PBT Share Price * NYSE (2018-10-19) in USD $7.76
United States of America Oil and Gas Industry PB Ratio Median Figure of 177 Publicly-Listed Oil and Gas Companies 1.44x
United States of America Market PB Ratio Median Figure of 4,944 Publicly-Listed Companies 1.91x
NYSE:PBT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:PBT Share Price ÷ Book Value per Share (both in USD)

= 7.76 ÷ 0.01

730.22x

* Primary Listing of Permian Basin Royalty Trust.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Permian Basin Royalty Trust is overvalued based on assets compared to the US Oil and Gas industry average.
X
Value checks
We assess Permian Basin Royalty Trust's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Permian Basin Royalty Trust has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Permian Basin Royalty Trust expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Permian Basin Royalty Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
18.4%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Permian Basin Royalty Trust expected to grow at an attractive rate?
  • Unable to compare Permian Basin Royalty Trust's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Permian Basin Royalty Trust's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Permian Basin Royalty Trust's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NYSE:PBT Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 18.4%
United States of America Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 8.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 15.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:PBT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:PBT Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-06-30 31 30
2018-03-31 31 29
2017-12-31 31 29
2017-09-30 31 29
2017-06-30 31 30
2017-03-31 28 26
2016-12-31 21 19
2016-09-30 17 15
2016-06-30 16 14
2016-03-31 16 14
2015-12-31 18 16
2015-09-30 22 20

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Permian Basin Royalty Trust is high growth as no earnings estimate data is available.
  • Unable to determine if Permian Basin Royalty Trust is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:PBT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Permian Basin Royalty Trust Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:PBT Past Financials Data
Date (Data in USD Millions) EPS *
2018-06-30 0.63
2018-03-31 0.63
2017-12-31 0.63
2017-09-30 0.63
2017-06-30 0.63
2017-03-31 0.56
2016-12-31 0.42
2016-09-30 0.32
2016-06-30 0.31
2016-03-31 0.30
2015-12-31 0.34
2015-09-30 0.43

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Permian Basin Royalty Trust will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Permian Basin Royalty Trust's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Permian Basin Royalty Trust's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Permian Basin Royalty Trust's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Permian Basin Royalty Trust's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Permian Basin Royalty Trust has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Permian Basin Royalty Trust performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Permian Basin Royalty Trust's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Permian Basin Royalty Trust's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Permian Basin Royalty Trust's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Permian Basin Royalty Trust's 1-year earnings growth is negative, it can't be compared to the US Oil and Gas industry average.
Earnings and Revenue History
Permian Basin Royalty Trust's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Permian Basin Royalty Trust Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:PBT Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 30.90 29.52 1.37
2018-03-31 30.74 29.45 1.30
2017-12-31 30.57 29.33 1.25
2017-09-30 30.51 29.20 1.32
2017-06-30 30.97 29.54 1.43
2017-03-31 27.87 26.23 1.64
2016-12-31 21.09 19.35 1.74
2016-09-30 16.87 15.06 1.80
2016-06-30 16.19 14.31 1.88
2016-03-31 15.94 14.17 1.76
2015-12-31 17.80 16.05 1.75
2015-09-30 21.67 20.05 1.62
2015-06-30 31.02 29.60 1.42
2015-03-31 41.51 40.20 1.30
2014-12-31 49.01 47.72 1.29
2014-09-30 52.92 51.59 1.33
2014-06-30 50.31 49.03 1.29
2014-03-31 46.86 45.52 1.34
2013-12-31 41.75 40.52 1.23
2013-09-30 40.25 39.07 1.18
2013-06-30 36.75 35.55 1.20
2013-03-31 41.73 40.58 1.15
2012-12-31 55.13 53.98 1.15
2012-09-30 60.19 59.03 1.16
2012-06-30 65.95 64.81 1.14
2012-03-31 68.21 67.05 1.16
2011-12-31 64.58 63.41 1.17

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Permian Basin Royalty Trust made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
  • Permian Basin Royalty Trust used its assets more efficiently than the US Oil and Gas industry average last year based on Return on Assets.
  • Permian Basin Royalty Trust's use of capital has not improved over the past 3 years (Return on Capital Employed).
X
Past performance checks
We assess Permian Basin Royalty Trust's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Permian Basin Royalty Trust has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Permian Basin Royalty Trust's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Permian Basin Royalty Trust's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Permian Basin Royalty Trust is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Permian Basin Royalty Trust's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Permian Basin Royalty Trust's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Permian Basin Royalty Trust has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Permian Basin Royalty Trust Company Filings, last reported 3 months ago.

NYSE:PBT Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 0.50 0.00 3.10
2018-03-31 0.51 0.00 4.52
2017-12-31 0.53 0.00 3.42
2017-09-30 0.55 0.00 2.92
2017-06-30 0.57 0.00 2.97
2017-03-31 0.58 0.00 3.26
2016-12-31 0.60 0.00 3.80
2016-09-30 0.64 0.00 2.14
2016-06-30 0.66 0.00 2.41
2016-03-31 0.67 0.00 1.26
2015-12-31 0.68 0.00 1.46
2015-09-30 0.69 0.00 1.42
2015-06-30 0.70 0.00 1.70
2015-03-31 0.71 0.00 1.01
2014-12-31 0.72 0.00 2.11
2014-09-30 0.73 0.00 4.42
2014-06-30 0.75 0.00 4.50
2014-03-31 0.77 0.00 5.06
2013-12-31 0.78 0.00 3.14
2013-09-30 0.79 0.00 4.95
2013-06-30 0.81 0.00 3.66
2013-03-31 0.82 0.00 2.70
2012-12-31 0.83 0.00 2.57
2012-09-30 0.84 0.00 2.85
2012-06-30 0.85 0.00 4.06
2012-03-31 0.87 0.00 6.57
2011-12-31 0.89 0.00 4.73
  • Permian Basin Royalty Trust has no debt.
  • Permian Basin Royalty Trust has not taken on any debt in the past 5 years.
  • Permian Basin Royalty Trust has no debt, it does not need to be covered by operating cash flow.
  • Permian Basin Royalty Trust has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Permian Basin Royalty Trust's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Permian Basin Royalty Trust has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Permian Basin Royalty Trust's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
8.5%
Current annual income from Permian Basin Royalty Trust dividends.
If you bought $2,000 of Permian Basin Royalty Trust shares you are expected to receive $170 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Permian Basin Royalty Trust's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.38%).
  • Permian Basin Royalty Trust's dividend is above the markets top 25% of dividend payers in United States of America (3.49%).
Upcoming dividend payment

Purchase Permian Basin Royalty Trust on or before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:PBT Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 58 Stocks 3.2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1973 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:PBT Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2018-10-19 0.659 8.497
2018-09-18 0.658 8.258
2018-08-21 0.644 7.420
2018-07-20 0.650 7.107
2018-06-19 0.633 6.895
2018-05-18 0.631 6.637
2018-04-20 0.628 6.343
2018-03-19 0.632 6.542
2018-02-16 0.788 8.484
2018-01-19 0.715 7.676
2017-12-18 0.629 6.983
2017-11-17 0.612 6.691
2017-10-20 0.648 6.925
2017-09-19 0.483 5.426
2017-08-21 0.547 6.553
2017-07-21 0.489 5.592
2017-06-20 0.494 5.571
2017-05-19 0.626 6.566
2017-04-18 0.675 6.923
2017-03-21 0.567 5.965
2017-02-17 1.223 13.197
2017-01-20 0.576 6.456
2016-12-19 0.707 8.708
2016-11-18 0.565 7.679
2016-10-21 0.565 8.140
2016-09-20 0.551 7.811
2016-08-19 0.575 8.166
2016-07-19 0.481 7.134
2016-06-20 0.415 5.763
2016-05-20 0.408 5.742
2016-04-19 0.121 1.828
2016-03-21 0.157 2.521
2016-02-19 0.260 4.433
2016-01-19 0.177 3.422
2015-12-18 0.248 4.932
2015-11-19 0.254 4.464
2015-10-20 0.231 3.542
2015-09-18 0.366 5.366
2015-08-21 0.429 6.186
2015-07-21 0.620 9.310
2015-06-19 0.438 5.580
2015-05-18 0.188 2.245
2015-04-20 0.285 3.068
2015-03-20 0.259 3.093
2015-02-17 0.378 4.032
2015-01-20 0.441 4.448
2014-12-19 0.542 5.720
2014-11-17 0.550 5.222
2014-10-21 0.672 5.510
2014-09-19 1.137 8.730
2014-08-19 1.313 9.359
2014-07-21 1.422 10.137
2014-06-20 1.159 8.103
2014-04-17 1.035 7.426
2014-03-21 1.302 9.827
2014-02-18 1.100 8.422
2014-01-21 0.610 4.814
2013-12-20 0.808 6.178
2013-11-18 0.760 5.523
2013-10-21 1.194 8.028
2013-09-20 1.275 8.814
2013-08-20 1.072 7.894
2013-07-19 0.865 6.450
2013-06-18 0.942 7.092
2013-05-20 1.062 7.970
2013-04-18 0.731 5.786
2013-03-18 0.696 5.552
2013-02-15 0.432 3.328
2013-01-18 0.597 4.256
2012-12-20 0.663 5.142
2012-11-19 0.830 6.314
2012-10-19 0.896 6.552
2012-09-18 0.733 4.873
2012-08-21 0.687 4.282
2012-07-20 0.885 4.781
2012-06-19 1.045 5.862
2012-05-18 1.650 9.271
2012-04-20 1.335 6.621
2012-03-20 1.693 7.565
2012-02-17 1.971 8.773
2012-01-20 1.511 7.388
2011-12-19 1.217 6.007
2011-11-18 1.221 6.097
2011-10-21 1.250 6.248
2011-09-20 0.597 2.971
2011-08-19 1.413 6.482
2011-07-19 1.782 8.054
2011-06-20 1.727 7.890
2011-05-20 1.636 7.885
2011-04-21 1.244 5.919
2011-03-21 1.624 7.447
2011-02-18 1.175 5.588
2011-01-21 1.439 6.811
2010-12-20 1.179 5.263
2010-11-19 1.173 5.253
2010-10-19 1.287 5.924
2010-09-20 1.353 6.747
2010-08-20 1.343 7.169
2010-07-20 1.396 7.325
2010-06-18 1.515 8.089
2010-05-18 1.664 9.264
2010-04-20 1.451 7.779
2010-03-19 1.506 8.408
2010-02-16 1.320 7.667
2010-01-19 1.321 8.605
2009-12-18 1.412 9.491
2009-11-19 0.994 7.379
2009-10-20 1.160 8.530
2009-09-18 0.813 6.330
2009-08-21 0.953 7.675
2009-07-21 0.894 8.446
2009-06-19 0.564 5.459
2009-05-18 0.602 5.210
2009-04-20 0.440 4.754
2009-03-20 0.355 3.577
2009-02-17 0.523 5.744
2009-01-20 0.994 7.616
2008-12-19 1.325 9.351
2008-11-17 1.825 11.763
2008-10-22 2.770 13.541

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Permian Basin Royalty Trust's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (1x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Permian Basin Royalty Trust's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Permian Basin Royalty Trust afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Permian Basin Royalty Trust has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Permian Basin Royalty Trust's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Permian Basin Royalty Trust has no CEO, or we have no data on them.
Management Team

Ron Hooper

TITLE
Senior Vice President of Royalty Trust Management - Southwest Bank
Board of Directors
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Start End Shares Value (USD)
X
Management checks
We assess Permian Basin Royalty Trust's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Permian Basin Royalty Trust has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

External News
Loading...
Simply Wall St News

Is Permian Basin Royalty Trust's (NYSE:PBT) PE Ratio A Signal To Sell For Investors?

and want to better understand how you can grow your money by investing in Permian Basin Royalty Trust (NYSE:PBT). … Permian Basin Royalty Trust (NYSE:PBT) trades with a trailing P/E of 15x, which is higher than the industry average of 13.5x. … While this makes PBT appear like a stock to avoid or sell if you own it, you might change your mind after I explain the assumptions behind the P/E ratio

Simply Wall St -

Is Buying Permian Basin Royalty Trust (NYSE:PBT) For Its Upcoming $0.05 Dividend A Good Choice?

See our latest analysis for Permian Basin Royalty Trust 5 checks you should do on a dividend stock When assessing a stock as a potential addition to my dividend Portfolio, I look at these five areas: Is their annual yield among the top 25% of dividend payers? … NYSE:PBT Historical Dividend Yield May 26th 18 How does Permian Basin Royalty Trust fare? … Relative to peers, Permian Basin Royalty Trust produces a yield of 6.52%, which is high for Oil and Gas stocks.

Simply Wall St -

Permian Basin Royalty Trust (NYSE:PBT): What Does It Mean For Your Portfolio?

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … Check out our latest analysis for Permian Basin Royalty Trust What is PBT’s market risk? … PBT's beta implies it may be a stock that investors with high-beta portfolios might find relevant if they wanted to reduce their exposure to market risk, especially during times of downturns.

Simply Wall St -

Is Permian Basin Royalty Trust (NYSE:PBT) A Smart Pick For Income Investors?

In the past 10 years Permian Basin Royalty Trust (NYSE:PBT) has returned an average of 7.00% per year to investors in the form of dividend payouts. … Check out our latest analysis for Permian Basin Royalty Trust Here's how I find good dividend stocks If you are a dividend investor, you should always assess these five key metrics: Is their annual yield among the top 25% of dividend payers? … NYSE:PBT Historical Dividend Yield Apr 24th 18 Does Permian Basin Royalty Trust pass our checks?

Simply Wall St -

Is Permian Basin Royalty Trust (NYSE:PBT) A Sell At Its Current PE Ratio?

By comparing a stock’s price per share to its earnings per share, we are able to see how much investors are paying for each dollar of the company’s earnings. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for PBT Price per share = $9.7 Earnings per share = $0.629 ∴ Price-Earnings Ratio = $9.7 ÷ $0.629 = 15.4x The P/E ratio isn’t a metric you view in isolation and only becomes useful when you compare it against other similar companies. … Since PBT's P/E of 15.4x is higher than its industry peers (12.4x), it means that investors are paying more than they should for each dollar of PBT's earnings.

Simply Wall St -

With 51.56% Earnings Growth, Did Permian Basin Royalty Trust (NYSE:PBT) Outperform The Industry?

When Permian Basin Royalty Trust's (NYSE:PBT) announced its latest earnings (31 December 2017), I wanted to understand how these figures stacked up against its past performance. … The two benchmarks I used were Permian Basin Royalty Trust's average earnings over the past couple of years, and its industry performance. … See our latest analysis for Permian Basin Royalty Trust Did PBT's recent earnings growth beat the long-term trend and the industry?

Simply Wall St -

Permian Basin Royalty Trust (NYSE:PBT): How Does It Impact Your Portfolio?

Any stock with a beta of greater than one is considered more volatile than the market, and those with a beta less than one is generally less volatile. … PBT's beta implies it may be a stock that investors with high-beta portfolios might find relevant if they wanted to reduce their exposure to market risk, especially during times of downturns. … How PBT's assets could affect its beta An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.

Simply Wall St -

Is Permian Basin Royalty Trust (NYSE:PBT) A Good Dividend Stock?

See our latest analysis for Permian Basin Royalty Trust How I analyze a dividend stock When assessing a stock as a potential addition to my dividend Portfolio, I look at these five areas: Is their annual yield among the top 25% of dividend payers? … NYSE:PBT Historical Dividend Yield Jan 23rd 18 How does Permian Basin Royalty Trust fare? … Relative to peers, Permian Basin Royalty Trust produces a yield of 7.50%, which is high for Oil and Gas stocks.Next Steps: Whilst there are few things you may like about Permian Basin Royalty Trust from a dividend stock perspective, the truth is that overall it probably is not the best choice for a dividend investor.

Simply Wall St -

Is Permian Basin Royalty Trust (NYSE:PBT) A Buy At Its Current PE Ratio?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for PBT Price per share = $9.37 Earnings per share = $0.626 ∴ Price-Earnings Ratio = $9.37 ÷ $0.626 = 15x The P/E ratio itself doesn’t tell you a lot; however, it becomes very insightful when you compare it with other similar companies. … At 15x, PBT’s P/E is lower than its industry peers (15.1x). … For example, if you are inadvertently comparing lower risk firms with PBT, then PBT’s P/E would naturally be lower than its peers, since investors would value those with lower risk with a higher price.

Simply Wall St -

Where Permian Basin Royalty Trust (NYSE:PBT) Stands In Terms Of Earnings Growth Against Its Industry

In this article, I will take a look at Permian Basin Royalty Trust's (NYSE:PBT) most recent earnings update (30 September 2017) and compare these latest figures against its performance over the past few years, along with how the rest of PBT's industry performed. … View our latest analysis for Permian Basin Royalty Trust How Did PBT's Recent Performance Stack Up Against Its Past? … Although revenue growth in the past couple of years, has been negative, earnings growth has been falling by even more, suggesting that Permian Basin Royalty Trust has been increasing its expenses.

Simply Wall St -

Company Info

Map
Description

Permian Basin Royalty Trust, an express trust, holds overriding royalty interests in various oil and gas properties in the United States. The company owns a 75% net overriding royalty interest in the Waddell Ranch properties comprising Dune, Judkins, McKnight, Tubb, University-Waddell, and Waddell fields located in Crane County, Texas. As of December 31, 2017, its Waddell Ranch properties contained 348 net productive oil wells, 65 net productive gas wells, and 102 net injection wells. The company also holds a 95% net overriding royalty in the Texas Royalty properties, which include various producing oil fields, such as Yates, Wasson, Sand Hills, East Texas, Kelly-Snyder, Panhandle Regular, N. Cowden, Todd, Keystone, Kermit, McElroy, Howard-Glasscock, Seminole, and others located in 33 counties in Texas. Its Texas Royalty properties comprise approximately 125 separate royalty interests containing approximately 51,000 net producing acres. Permian Basin Royalty Trust was founded in 1980 and is based in Dallas, Texas.

Details
Name: Permian Basin Royalty Trust
PBT
Exchange: NYSE
Founded: 1980
$361,684,256
46,608,796
Website: http://www.pbt-permian.com
Address: Permian Basin Royalty Trust
2911 Turtle Creek Boulevard,
Suite 850,
Dallas,
Texas, 75219,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE PBT Beneficial Interest Units New York Stock Exchange US USD 24. Oct 1980
DB P0BR Beneficial Interest Units Deutsche Boerse AG DE EUR 24. Oct 1980
Number of employees
Current staff
Staff numbers
0
Permian Basin Royalty Trust employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/10/21 21:09
End of day share price update: 2018/10/19 00:00
Last earnings filing: 2018/08/09
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.